Bullish DailyPlay for Tuesday Oct 4th, 2016 – Swift Transportation (SWFT)

The bullish DailyPlay we chose for Tuesday Oct 4th is Swift Transportation (SWFT). SWFT is part of the Industrials Sector (XLI). Over the last month, XLI has experienced a 0.19% move higher and it’s 1m and 6m trend turned bullish on 9/30 and recently broke higher above its $58 resistance level.

Swift Transportation’s 1m and 6m trends turned bullish on 9/2 and recently broke higher above its $21 resistance level. With a technical score of 8 (out of 10), SWFT looks positioned to continue this strong bullish trend higher.

View this Trade Idea on SWFT